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If I wanted to buy one of 2 items, a bike or a new TV, and after consideration of my need to get exercise and fresh air, I chose to buy the bike. Then, my opportunity cost would be the TV. True O False
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5 votes
If I wanted to buy one of 2 items, a bike or a new TV, and after

consideration of my need to get exercise and fresh air, I chose to buy
the bike. Then, my opportunity cost would be the TV.
True
O False

User Piotrbienias
by
7.3k points

1 Answer

7 votes
Great question! I believe this is true because using a bike is also efficient to get to work which will get you more money to buy said tv. So I think this may be true
User Teka
by
7.4k points
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